Useful information relating to the British Pound Sterling currency GBP

Country:

United Kingdom

Region:

Europe

Sub-Unit:

1 Pound = 100 pence

Symbol:

£

The pound is the official currency of the United Kingdom of Great Britain and Northern Ireland. The pound sterling is the fourth most-traded currency in the foreign exchange market. It's known locally as a quid.

The Lebanese pound (lira in Arabic, ليرة, or livre in French) is the currency unit of Lebanon. It is divided into 100 qirsh (Arabic, قرش) or piastres but inflation has eliminated the subdivisions. Before the war of 1975-1990, 1 U.S. dollar was worth 3 pounds. It is now pegged at 1 U.S. Dollar = 1507.5 LBP.